Analysis: After Trump's tariffs are halted, it is suitable to continue the recent trading momentum

律动BlockBeats
律动BlockBeats|May 29, 2025 01:00
BlockBeats News: On May 29th, Frances Cheung, Head of Foreign Exchange and Interest Rate Strategy at OCBC Bank in Singapore, stated that the US federal government's decision to halt Trump's tariffs has temporarily boosted risk sentiment, driving stock futures, bond yields, and the US dollar higher. For bonds and foreign exchange, the current timing is suitable for continuing the recent trading momentum. The US dollar has shown signs of rebound, and long-term bond yields are also facing upward pressure. However, the development of tariffs and trade relations remains unstable, and investors may be unwilling to hold large positions in any direction of the transaction. (Golden Ten)
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